Three university-led projects have successfully received funding from Scottish Enterprise’s Low Carbon Challenge Fund and will support SMEs across industries from transport to energy – including a unique programme combining food and drink with computer games.
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Edinburgh-headquartered Cumulus Oncology, Europe’s first oncology drug discovery accelerator, is eyeing global alliances, VC partnerships and a US office opening in 2021, with CEO and co-founder Clare Wareing seeing additional growth opportunities in Europe and Asia. The company is also lookin
Tayside and Fife are enjoying a mini property boom as supply exceeds demand throughout the region. The high demand has led to a surge in prices for all residential properties, with price increases reported locally of 7%.
A criminal case concerning the alleged theft of slippers worth around €20 has been concluded after eight years and around €3,000 in costs.
Cryptocurrency Bitcoin has reached a new record, passing the $50,000 mark yesterday hitting $50,487.78.
Goldman Sachs has announced it is expanding its Marcus online retail banking service in the United States and plans to bring its new product to the UK this year. Yesterday, the bank launched an automated investment feature in the US that will offer managed portfolios of exchange-traded funds for sto
Scottish businessman Alan Smith is celebrating being named one of the country’s top business coaches after helping owners thrive during lockdown. Alan Smith has been voted ActionCOACH’s Coach of the Year for Scotland, the first time he has picked up the prestigious award since entering t
Chern-Yeh Kwok, manager of the Aberdeen Japan Investment Trust, which is run by Aberdeen Standard Investments (ASI), discusses the real value in Japanese markets, but how it is often overlooked by investors. In the rush to capitalise on China’s rapid growth, investors have often neglected Asia
The average house price in Scotland increased by 8.4% over the last year, according to the latest figures released by the Office for National Statistics (ONS).
A package of measures worth £37.2 million has been announced by the Scottish Government to tackle poverty and inequality, in this financial year. The funding, confirmed in a Statement to Parliament by finance secretary Kate Forbes this week, will support the delivery of two key investments for
Barclays has reported a 30% drop in pre-tax profits to £3.1 billion for 2020, down from £4.3bn in 2019. The bank allocated £4.8bn to cover loans set to go bad amid the economic upheaval of COVID-19. This is slightly lower than the £5bn that financial analysts had expected Bar
Aberdeen-based Highlandwear company McCalls has secured CBILS funding from Royal Bank of Scotland to help expand its offering as it navigates the impact of the pandemic. Established in 1887, McCalls has seven stores throughout Scotland, including its home city of Aberdeen, Elgin, Glasgow, Edinburgh,
The Chancellor must avoid using the property market to fund coronavirus costs according to property management firm Apropos. The firm believes that the Chancellor is about to implement widely trailed increases to capital gains tax (CGT) which will have an unprecedented negative impact upon the priva
Businesses in Scotland are forecasting recovery in 2021, having recorded their sharpest falls in domestic sales and exports since comparable records began in 2004, a survey released by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed.
Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&. The options for oil services firms are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled or pivot towards low carbon growt